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← Time And Talents Association

2025-03-31-accounts

Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D ; 72: rime & Talents

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The Old Mortuary St Marychurch Street Rotherhithe SE16 4JE

Company number: 4009766 Registered charity number: 1084545

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Time and Talents Association

Contents of the Financial Statements for the Year Ending 31 March 2025

for the Year Ending 31 March 2025
Page
Message from the Chair 2
Reference and Administrative Details 3
Trustees’ Report 4
Independent Examiners’ Report 20
Statement of Financial Activities 21
Balance Sheet 22
Statement of Cash Flow 23
Notes to the Financial Statements 24

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Message from the Chair

community.

through it all, the team remained unwavering in their mission: to build a world where everyone feels part of a community.

role in strengthening the fabric of our community in Rotherhithe.

evolving needs of our community.

Rotherhithe, Bermondsey, Surrey Docks, and beyond.

On behalf of the Board of Trustees, thank you to everyone who has contributed to Time & Talents’ success this year. Your support, passion, and belief in our mission make everything we do possible.

Angela Woodley

Chair of Trustees

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Charity number: 1084545
Company number: 04009766
Registered address: The Old Mortuary
St Marychurch Street
Rotherhithe
SE16 4JE
Trustees: Angela Woodley – Chair Hetal Gandhi
Rebecca Bland – Treasurer Timea Kadar – resigned January 2025
Jo Breeze Anne Koch
Michael Dellapina Susan Lower
Alisa Dolgova Francis Williams – resigned November 2024
Mark Fisher
Key Management:
Chief Executive Celia Watson: 04/12/2023 –
21/03/2024
Diana Hofler: 21/03/2024 –
28/02/2025
Independent Examiners: Chiene and Tait LLP (Trading as
CT),
61 Dublin Street,
Edinburgh
EH3 6NL
Bankers: The Co-Operative Bank
PO Box 101, 1 Balloon Street
Manchester, M60 4EP

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Trustees’ Report for the Year Ending 31 March 2025

The Trustees of the Charity, who are also the Directors of the Company for the purposes of the Companies Act 2006, present their annual report, as required by company law, together with the audited financial

their accounts in accordance with FRS 102.

local community. Our 2022-2025 strategy outlines four pillars for achieving this vision in our local area of Rotherhithe, Bermondsey and Surrey Docks. Our strategy is underpinned by a profound commitment

individuals in our community.

Time & Talents’ 2022-2025 Strategic Summary:

Community-led Approach

the percentage of people surveyed 'strongly agree' or 'agree' with the following statements:

...feel part of community – 96%

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...feel supported and included – 93%

Our Mission

At Time & Talents our mission is to:

Our work is shaped by our core values:

sure no one is excluded

Our Work and Achievements in 2024-2025

Numbers for blocks:

Total number of contacts made with Time & Talents members this year: 6886

Total number of visitors to our website: 5232

This year, we stayed true to our mission to create a stronger, more connected, and resilient community . We opened our doors to both familiar faces and new friends, bringing energy and warmth o every activity and event. At the heart of . a our work was a deep commitment to reaching those most isolated in our community, in one of the UK’s most unequal and deprived areas.

to

organisation from the point of view of people

served, approached, services, resources and impact. During the course of the day, we also looked at how the different Time & Talents services work together and developed some

This report showcases the impact we made together in 2024-2025, aligned with our

passion, purpose, and people.

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1. Community Engagement

Numbers for blocks:

Total number of Community contacts this year: 465

Total number of Community events this year: 8

Total number of Community Groups accessing free spaces through Time & Talents: 8

Marathon in April. Time & Talents had 12 energetic volunteers running the marathon and raising funds for

with around 20 members ), we ran some new Mindfulness Sessions and a standalone family

Taster sessions open to everyone in the community.

Professional Development for Women ( six sessions in May with four attendees ) through partnerships made

Women’s Development sessions in 2025.

A highlight of our calendar every year, our annual Summer Party in July saw hundreds of people from across the neighbourhood joining us at The Old Mortuary for a day full of performances, entertainment,

people through work placements . These placements built local teens’ childcare, health and social care, and

In a bid to create a more sustainable community and given recent cost of living concerns, we launched a monthly Bicycle Repair Workshop in July. Over eight sessions, a team of staff and volunteers fixed 90 bikes

Rotherhithe Repair Cafe, which saw 25

Time & Talents has recently started a partnership with the Alexandra Rose Charity and 1[st] Place where we share Rose Vouchers that allow families on low incomes in the neighbourhood to purchase low-cost fruits and vegetables. Already this year, we’ve had 47 local families collecting these vouchers from Time & Talents .

The

that had been painted by members of our Rotherhithe

treated to tricks and treats with prizes for the most spooktacular costumes.

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This winter, local partnerships ensured

provided an ideal chance for outreach. between November 2024 and March 2025 .

One new partnership that has gone from strength to strength this year is with Rotherhithe Community Kitchen. The group runs their weekly food bank out of our hall, and we offer them the space at no cost. Having started in December 2024, the foodbank reaches upwards of 100 people every week, with 16 sessions delivered so far .

led group a free space to run play sessions for children in Polish . Excitingly,

for free to a Bolivian dance group, Tinkus Puros

a new Japanese baby group that meets monthly for play and songs in Japanese.

Time & Talents is also proud to partner with Bloody Good Periods to distribute free period products to our service users. This year, we have ensured that hundreds of people have had access to pads, tampons, and period pants at no cost .

Building Improvements

In autumn, we were thrilled that teams from British Land and Wates banded together to help give our community kitchen a much-needed upgrade. They updated the cabinets, painted the space, and helped bring the historic building into the 21[st] century, all without cost to the organisation . Now, our community

2. Children and Families Programme

Numbers for blocks:

Total number of Children & Family sessions delivered: 152

Total number of Holiday Club sessions this year: 12

At Time & Talents, we provide both free welcoming, non-judgemental environment

services.

Our whole-family approach enables us to

support that meets families where they are , helping them navigate challenges with dignity and hope.

wellbeing, and creates meaningful culture and connect with their community .

Under-5s

important stages of childhood development. Over the past year, children and their parents or carers joined

e.

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We also ran the from the sessions.

Run by our in-house team, at

the natural world through outdoor play that nurtures curiosity , strengthens motor skills, and

Our sensory play sessions, AKA Messy Monsters, launched this year, with 80 families joining us over 19 classes

Now delivered by our volunteers Dawn and Ellie, Toddler Shake N Boogie brings joy and energy to early development through music, dance, singing, and free play. These dynamic sessions promote

and .

children have developed a

.

Through The Changing Table, we collaborate sessions designed specifically for new parents

Paediatric First Aid. Parents have the opportunity to bond with others in the community, while sensory play

expect. However there was no need to worry, I had a lot of fun at sessions like baby yoga and baby massage, and it was really low-pressure and relaxed.” - Member of The Changing Table

6-11s

At the heart of our approach is a commitment to

whole-family support , recognising that children thrive best when their families are supported too. While our groups promote development, we also embrace flexibility, ensuring each family's unique needs and circumstances are respected. This family-centred model creates a safe, inclusive space where children can grow and families feel empowered.

During term-time, 122 children and their families engaged in Mischief Squad, Forest Club, Crafty Beasts.

We

.

through whole-body

all budding performers have access to the learning they need to thrive.

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Case Study:

the highlight of the week for her daughters. She shared that she was shocked that the classes are free. She

going for a cup of tea with the other parents while the children are at the class.

Forest Club provides a safe, nature-based learning environment for at-risk children, where small group

year, we ran eight sessions in our stunning garden, with 15 families taking advantage of this outdoor programming .

.

This year, 123 children attended our holiday club sessions . We went on trips to see the theatre, made gingerbread houses together, and had dance and drama facilitators join us to share their skills. We also distributed hundreds of fresh food packs to families in conjunction with Southwark Council and the HAF network, including fresh fruit and meal kits.

In October, we took some of the children to a ‘Food Truck Rodeo’ for lunch and trying new menus. We also partnered with a local museum for a film-making session about local history. The kids were excited to write, direct and star in their own films based on stories about what life was like in this neighbourhood in the 1800s.

that were generously donated by Team London Bridge and

Elba.

3. Older Adults Programme

Numbers for blocks

Total number of older people supported this year: 383

Total number of sessions for older people: 494

Through our Older Adults Programme, every week, we bring people together in warm, welcoming group settings where friendships can grow and laughter is shared. For those who need a bit more personal support, our Neighbourhood Care service offers one-to-one help at home .

long-term health conditions. That’s why our programme is designed not just to support physical wellbeing, but to spark happiness too . Even if we can’t change someone’s circumstances, we can create moments of joy, where worries take a back seat and people simply enjoy being together.

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the only fully-escorted minibus service in Southwark, which has enabled access social groups and activities this year. For many of our service users

Unfortunately, our older people’s services were challenged this year as our minibus broke down and we were unable to source a replacement bus for several months. We were very grateful to both Bede House

person’s home to Time & Talents and back.

Throughout the year, afield, with a total of 232 people attending . These sessions included the following social groups, which all

visits from Ballers Academy and from Hapus, Bede House’s Therapy Dog.

Advice.

Friday Social Case Study

Kevin now has a renewed sense of empowerment, a space to share his skills, and a whole new group of

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We also ran the following groups over the year:

around the neighbourhood.

gate. The group also put on a Community Session at South Dock Marina Family Day and have collaborated with Breaks & Joins. As funding for our Rotherhithe Shed reduced, the group moved from twice weekly to once per week sessions. This brings the Shed in line with our other older adult

Neighbourhood Care

Another vital stream of work under our Older People Programme is the Neighbourhood Care scheme. Staffed by two Time & Talents team members, the project offered practical, one-to-one support to 207 people aged 55+ this year . 61 of these visits were made to people in their own homes, with 52 assessments taking place overall. The team received 82 referrals and assisted with everything from issues with housing,

Neighbourhood Care Case Study

residents, Sylvie (aged 70) to access help to purchase a recliner chair. When our Neighbourhood Care

with certain suppliers. We researched alternatives and were able to support Sylvie with a referral to Dispensary, who support local residents with health issues to access small grants.

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4. Multigenerational Programme

Numbers for blocks

Total number of sessions of adults of all ages: 222

At Time & Talents,

programmes , because we believe that a thriving community is built on shared experiences and mutual understanding.

Tai Chi

people aged 19-70+.

Our Wednesday night Yoga sessions

bending, stretching, and increasing mobility over 38 sessions. This year, we also launched a Chair Yoga

session

users, including those in wheelchairs and those with lived experience of stroke, joining 18 classes over the course of the year.

Pull Quote:

Every week a keen group of Bridge players meet to play at the Old Mortuary. The group has 11 regular

learn to play Bridge , the

Monday session at T&T2 has seen a number of community members learning the ins and outs of the game.

Led by a volunteer, our Sewing pilot

Our accessible dance pilot, No Limits Dance ran seven sessions this year. While the uptake wasn’t as high as we’d hoped, with three regular dancers, those who did take the classes shared how much they enjoyed the sessions, especially the diverse range of dance styles.

Ever popular, Beginners’ Tennis took place over 11 sessions at Decathlon. 17 keen tennis players joined Coach Jay at Decathlon over the warmer months to learn how to serve, score, and the cadence of the game.

Tennis case study

Amira (42) found out about Beginners’ Tennis at Time & Talents through a friend. She had never been

keep her body feeling healthy, but her mind, too.

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5. Volunteering Programme

Numbers for blocks: Total number of volunteers: 254

Total number of volunteer hours: 4126

For over 130 years, volunteers have been at the very heart of everything that we do here at Time & Talents . Bringing their unique skills, experience, and talents to the table, our team of volunteers help us to create a community where everyone feels welcomed, valued, and respected.

Befriending Volunteers

This year, our Befriending Project had 45 matches

other regular contact. 13 new older people were matched with volunteers who have similar interests and who live locally, and we’re thrilled to share that we’ve seen some wonderful friendships blossom.

Befriender

Cycling Without Age

Through our Cycling Without Age project, volunteers are matched with local older people and take them for rides in our trishaws. As the matches take in the sights and streets of Rotherhithe and Bermondsey, they enjoy casual chats and reminiscing about how the area was as they remember it from their younger years.

This year, seven matches have enjoyed the service, with two new matches and a total of 12 volunteers trained to safely drive the trishaws . In total, our Cycling Without Age volunteers have given 210 hours

Our Cycling Without Age facilitator also trained eight Volunteers from Bede House so that they can support their service users to access Southwark Park once a week during the warmer months.

Group Volunteers

Time & Talents is extremely lucky to have a core group of regular volunteers who come into the centre every week . These volunteers have a wide-arching set of skills and assist with everything from helping to

This year, . To Val, Toyin, Mick, Ita, and Brenda, we’d like to say a HUGE thank you for your support. We simply couldn’t deliver our services without you.

Admin Volunteers

With everything going on at Time & Talents, having volunteers with a keen eye for detail and sharp tech skills means that we can keep our database updated regularly. This year, our two admin volunteers, Anri and Lorna, have spent 122 hours helping with essential administrative tasks to help the organisation

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Volunteering Case Study:

Heather started volunteering with Time & Talents in April 2024 as she wanted to build experience and keep

manner.

trained to learn how to assess and register service users and they run a weekly drop-in session for families to collect their low-cost fruit and vegetable vouchers.

Project Volunteers

Repair Workshop. We’ve also had seven new volunteers come onboard to help at our new monthly Repair Cafe, with 28 hours of volunteering between them.

We’re eternally grateful to the group of 25 garden volunteers who, in both rain and shine, have come out to

We have also had support to Time & Talents . And a pair of keen Bridge volunteers sharing their skills across two sessions every week.

Corporate Volunteers

Time & Talents has continued and grown its corporate volunteering initiatives throughout the year. We’ve welcomed 163 corporate volunteers who have supported our Older Adult social groups, helped to run our

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Board of Trustees

range of skillsets from the voluntary and commercial sectors. The majority of trustees are also local residents.

Our review of organisation strategy and performance continued. There was a decrease from 21 to 17 to the overall headcount and a reduction in FTE of 1.87 to end the financial year at 10.3 FTE.

Financial Review

Income

In the year to 31 March 2025, Time & Talents received income of £616,464 (2024: £783,263), a decrease of £166,799.

Expenditure

at £434,184 (2024: £492,134) make up 65% of all expenditure and saw a 12% decrease versus 2024. Other

(2024: £15,509).

INVESTMENT POLICY AND PERFORMANCE

The majority of the Charity’s liquid assets are kept in bank accounts and cash deposits, to ensure they would

RESERVES POLICY

Each year, the Board of Trustees reviews the Reserves Policy. In 2024/25 there was no change to the policy

£93,615, represents 3.02 months unrestricted reserves.

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Structure, Governance and Management

a. CONSTITUTION

Time & Talents is a charitable company limited by guarantee, incorporated on 7 June 2000 and registered as a charity on 15 January 2001.

b. TIME & TALENTS BOARD OF TRUSTEES

The Trustees of the charity are known as Directors of the company, as Time & Talents is registered as a limited company and a charity. Trustees are appointed for a three-year term renewable up to nine years. New

skills and experience, they can be elected to the Board by the Directors. Trustees go through a process of

c. ORGANISATIONAL STRUCTURE AND DECISION MAKING

the work is carried out according to the strategic plan.

d. RISK MANAGEMENT

duty to protect our service users or volunteers.

and other stakeholders.

Safeguarding risks.

To this end, Time & Talents has a set of policies and procedures which include Safeguarding of Children and

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2011.

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resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and

DISCLOSURE OF INFORMATION TO AUDITORS

This report was approved by the Trustees and signed on their behalf by:

……………………………………………….. ……………………………………………………….. Angela Woodley, Chair Shaun Perkins, Treasurer

Trustee

27 January 2026

Trustee

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FUNDERS

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INDEPENDENT EXAMINER’S REPORT TO THE COUNCIL MEMBERS OF

TIME AND TALENTS ASSOCIATION

YEAR ENDED 31 MARCH 2025

I report on the accounts of Time and Talents Association for the year ended 31 March 2025, which are set out on pages 21 to 40.

Responsibilities and basis of report

As the charity’s trustees (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for the independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination I have followed the Directors given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of Scotland, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord to those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view, which is not a matter considered as part of an independent examination; or

  4. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Steven Smillie CA CT Chartered Accountants and Independent Examiners 61 Dublin Street Edinburgh EH3 6NL

28 January 2026

…………………………

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STATEMENT OF FINANCIAL ACTIVITIES (Including the Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2025

RESTATED
Unrestricted Restricted Total funds Total
funds funds 2025 funds
2025 2025 2024
Notes £ £ £ £
INCOME FROM:
Donations and fundraising 2 70,071 - - 70,071 75,513
Charitable activities 3 205,764 340,629 340,629 546,393 706,186
Investments 4 - - - - 1,564
TOTAL INCOME 275,835 340,629 616,464 783,263
EXPENDITURE ON:
Raising funds 44,685 - - 44,685 31,428
Charitable activities: 228,427 391,934 391,934 620,361 714,028
TOTAL EXPENDITURE 5 273,112 391,934 391,934 665,046 745,456
Net gains/(losses) on investments -
 -
 - -
 (140)
Net income/expenditure 2,723 (51,305) (48,582) 37,667
Transfer between funds - - - -
NET MOVEMENT IN FUNDS 2,723 (51,305) (48,582) 37,667
RECONCILIATION OF FUNDS:
Total funds brought forward 85,026 265,585 265,585 350,611 312,944
TOTAL FUNDS CARRIED FORWARD 87,749 214,280 214,280 302,029 350,611

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BALANCE SHEET AS AT 31 MARCH 2025

Company number: 04009766 Company number: 04009766
RESTATED
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 9 104,763 123,776
104,763 123,776
CURRENT ASSETS
Debtors 10 84,956 56,329
Cash at bank and in hand 140,213 211,229
225,169 267,558
CREDITORS:amounts falling due within 11 (27,911) (40,303)
one year
NET CURRENT ASSETS 197,258 227,255
Defined benefit pension scheme 12 8 (420)
NET ASSETS 302,029 350,611
CHARITY FUNDS
Restricted funds 14 214,280 265,585
Unrestricted funds 13 87,749 85,026
TOTAL FUNDS 302,029 350,611

For the financial year ended 31 March 2025, the company was entitled to exemption from audit under the Companies Act 2006, s. 477 and the members have not required the company to obtain an audit of its financial statements for the year in question in accordance with s. 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees on 27 January 2026 and signed on their behalf by:

..…………………………………………….. …………………………………………….. Angela Woodley, Chair Shaun Perkins, Treasurer Trustee Trustee

The notes on pages 24 to 40 form part of these financial statements.

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STATEMENT OF CASHFLOW FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
Note £ £
Cash flows from operating activities
Net cash used in operating activities 20 (63,700) (18,446)
______ ______
(63,700) (18,446)
Cash flows from investing activities:
Dividends, interest and rents from investments - 1,564
Purchase of tangible fixed assets (7,316) (1,591)
Proceeds on sale of investments - 2,964
______ ______
Net cash provided by investing activities (7,316)
______		 2,937
______
Change in cash and cash equivalents in the year (71,016) (15,509)
Cash and cash equivalents brought forward 211,229 226,738
______ ______
Cash and cash equivalents carried forward 21 140,213
______		 211,229
______

The notes on pages 24 to 40 form part of these financial statements.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

(a)

the company being wound up, the liability in respect of the guarantee is limited to £1 per member of

are set out on page 2.

out below. These policies have been consistently applied to all years presented unless otherwise stated.

(b) Going Concern

held and the expected level of income and expenditure for 12 months from authorising these

therefore been prepared on a going concern basis.

(c) Funds

Unrestricted funds - represent funds which can be used in accordance with the charitable objects at

Designated funds – these are funds set aside by the Trustees out of unrestricted general funds for specific purposes or projects.

statements.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1.

(d) Income

measured reliably, and it is probable that the income will be received.

Investment income, which includes interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank.

amount is then recognised in expenditure in the period of receipt.

(e) Expenditure

aggregate all costs related to the category. Expenditure is recognised where there is a legal or

the asset's use.

Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1.

(e)

All expenditure is inclusive of irrecoverable VAT.

(f)

Long Term Leasehold Property 20 years straight line Motor Vehicles 20% reducing balance Fixtures, Fittings and Equipment 20% - 33% reducing balance Computer Equipment 20% - 33% reducing balance Garden Office 20 years straight line

(g) Investments

cannot be measured reliably in which case it is measured at cost less impairment.

Investment gains and losses, whether realised or unrealised, are combined and shown in the heading 'Gains/(losses) on investments' in the Statement of financial activities incorporating income and expenditure account.

(h) Debtors

prepaid. Accrued income is measured at the amount due to be received.

(i) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short

account.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1.

(j) Creditors and provisions

(k) Financial Instruments

(l)

income and expenditure account on a straight-line basis over the lease term.

(m)

considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it

(n)

are recognised as an expense when they are due. Amounts not paid are shown in the accruals in the balance sheets. The assets of the plan are held separately from the charity in an independently administered fund.

March 2024.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1.

(o)

circumstances.

The charity participates in a multi-employer defined benefit pension scheme with other organisations. In the judgement of the trustees, the charity does not have sufficient information on the plan assets and liabilities to be able to reliably account for its share of the defined benefit obligation and plan assets. Therefore, the schemes are accounted for as defined contribution schemes.

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. INCOME FROM DONATIONS AND LEGACIES

Unrestricted Restricted Total Total
funds funds funds funds
2025 2025 2025 2024
£ £ £ £
Donations and fundraising income 70,071 - 70,071 75,513
70,071 - 70,071 75,513
Total 2024 75,513 - 75,513
INCOME FROM CHARITABLE ACTIVITIES
RESTATED
Unrestricted Unrestricted
Restricted		 Total Total
Total
funds funds
funds		 funds funds
2025 2025 2025 2025
2024
£ £ £ £
Core Management and Premises 154,238 20,879 175,117 186,024
Hire 32,764 - 32,764 31,422
Older people services 12,500 192,520 205,020 279,803
Children and family services - 58,507 58,507 117,083
Outdoor Activities - 1,000 1,000 27,917
Adult Groups 6,262 20,380 26,642 14,274
Befriending - 47,343 47,343 49,663
205,764 340,629 546,393 706,186
Total 2024 187,062 519,124 706,186

3. INCOME FROM CHARITABLE ACTIVITIES

~~Cd~~

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

4. INVESTMENT INCOME

INVESTMENT INCOME
Unrestricted Restricted Total Total Total
funds funds funds funds
2025 2025 2025 2024
£ £ £ £
Investment income - - - 71
Bank interest - - - 1,493
- - - 1,564
Total 2024 1,564 - 1,564
TOTAL RESOURCES EXPENDED
Staff Direct costs Allocation of — Allocation 2025 Total 2025 Total
costs Governance of Support
costs costs
£ £ £ £ £
Raising Funds - 44,685 - - 44,685
Older People 183,603 31,126 1,739 230,556 447,024
Children & Family 35,541 16,944 337 44,630 97,452
Outdoor Activities 4,457 2,555 42 5,597 12,651
Adult Groups 4,838 9,147 46 6,075 20,106
Befriending 18,563 1,079 176 23,310 43,128
Governance Costs - 2,340 (2,340) - -
Support Costs 187,182 122,986 - (310,168) -
~~- ~~
Total 434,184 230,862 - - 665,046

5. TOTAL RESOURCES EXPENDED

30

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

5.

Prior year Staff Direct costs Direct costs Allocation of — —Allocation 2024 Total
costs Governance Governance of Support of Support
costs costs costs
£ £ £ £ £
Raising Funds - 31,428 - - 31,428
Older People 154,686 23,465 3,875 145,903 327,929
Children & Family 87,480 14,401 2,191 82,512 186,584
Outdoor Activities 35,151 11,633 881 33,155 80,820
Adult Groups 11,699 2,903 293 11,034 25,929
Befriending 42,299 9,510 1,060 39,897 92,766
Governance Costs - 8,300 (8,300) - -
Support Costs 160,819 151,682 - (312,501) -
~~- ~~
Total 492,134 253,322 - - 745,456
Unrestricted Restricted Total
Funds Funds Funds
2024 2024 2024
£ £ £
Raising funds 31,428 - 31,428
Charitable activities 320,801 393,227 714,028
352,229 393,227 745,456
NET INCOME/(EXPENDITURE) NET INCOME/(EXPENDITURE)
This is stated after charging:
2025 2024
£ £
Depreciation oftangible fixed assets: 26,329 25,599
Auditors’ remuneration (VAT inclusive) - 8,400
Independent examiners fees (VAT inclusive) 2,340 -

6. NET INCOME/(EXPENDITURE)

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

7. AUDITORS’ REMUNERATION

AUDITORS’ REMUNERATION
2025 2024
£ £
Independent examinators 2,340 8,400
remuneration (VAT inclusive)
2,340 8,400

8. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL

Staff costs were as follows:
2025 2024
£ £
Salaries 388,700 443,741
Employers NI 26,211 22,630
Pension costs 19,273 24,446
Temporary staff costs - 1,317
434,184 492,134

The average number of persons employed by the company during the year was as follows:

2025 2024
No. No.
10 14

charitable company (2024: £nil). During 2025, no Trustees were reimbursed for expenses during the year (2024: £40).

The key management of the charitable company comprise the Trustees, and the Director. The

management personnel of the charitable company were £201,696 (2024: £136,456).

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

9. TANGIBLE FIXED ASSETS

L/Term Leasehold Fixtures
Leasehold Improve- Motor and Computer
Property ments Vehicles fittings equipment Total
£ £ £ £ £ £
Cost
At 1 April 2024 455,594 47,054 32,713 17,360 9,240 561,961
Additions - - - - 7,316 7,316
Disposals - - (32,713) - - (32,713)
At 31 March 2025 455,594 47,054 - 17,360 16,556 536,564
Depreciation
At 1 April 2024 373,894 7,383 32,713 17,360 6,835 438,185
Charge for the 22,780 2,353 - - 1,196 26,329
year
Disposals - - (32,713) - - (32,713)
At 31 March 2025 396,674 9,736 - 17,360 8,031 431,801
Net book value
At 31 March 2025 58,920 37,318 - - 8,525 104,763
At 31 March 2024
81,700
39,671		 - - 2,405 123,776

33

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

10. DEBTORS
2025 2024
£ £
Trade debtors 28,129 8,849
Other debtors 13,226 8,167
Prepayments and accrued income 43,601 39,313
______ ______
84,956
______		 56,329
______
11. CREDITORS: Amounts falling due within one year
RESTATED
2025 2024
£ £
Trade creditors 4,752 15,298
Other taxation and social security 5,081 7,377
Other creditors 2,383 2,687
Accruals and deferred income 15,695 14,941
______ ______
27,911
______		 40,303
______
Deferred income
Deferred income at 1 April 2024 860
Resources deferred during the year 365
Amounts released from previous years (860)
______
Deferred income at 31 March 2025 365
______

2025/2026.

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

12. PROVISION FOR LIABILITIES

PROVISION FOR LIABILITIES
RESTATED
2025 2024
£ £
Defined Benefit pension scheme liability (8) 420
___ ___
The movement in the liability during the year was as follows:
2025 2024
£ £
Balance at 1 April 420 899
Unwinding of the discount factor (interest expenses) 35 35
Deficit contribution (463) (514)
_____ _____
(8) 420
___ ___

30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial

From 1 April 2022 to 31 January 2025: 3,312,000 per annum (payable monthly) Unless a concession has been agreed with the Trustee the term to 31 January 2025 applies.

follows:

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

12.

From 1 April 2019 to 30 September £11,243,000 per annum (payable monthly and 2025: increasing by 3% each on 1st April)

The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities.

Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement the company recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost.

2024 2023 2022
Assumptions % per % per % per
annum annum annum
Rate of discount 5.31 5.52 2.35

The discount rates shown above are the equivalent single discount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporate bond yield curve to discount the same recovery plan contributions.

13.

STATEMENT OF FUNDS RESTATED
Balance at Income Expenditure Gains/ Balance at
1 April (losses) 31 March
2024 2025
£ £ £ £ £
Unrestricted funds
General funds 85,026 275,835 (273,112) - 87,749
__ _____ ______ _____ _____
Restricted funds (summary)
Restricted funds for charitable 265,585 340,629 (391,934) - 214,280
activities (note 14)
___ _____ ______ ____ _____
350,611 616,464 (665,046) - 302,029

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

13A STATEMENT OF FUNDS – PRIOR YEAR

RESTATED
Balance at Income Expenditure Gains/ Balance at
1 April (losses) 31 March
2023 2024
£ £ £ £ £
Unrestricted funds
General funds 98,419 264,139 (352,229) 74,697 85,026
____ _____ ______ _____ ______
Restricted funds (summary)
Restricted funds for charitable 214,525 519,124 (393,227) (74,837) 265,585
activities (note 14A)
_____ _____ ______ _____ ______
312,944 783,263 (745,456) (140) 350,611
14. RESTRICTED FUNDS BREAKDOWN
RESTATED
Balance at Balance at
1 April 31 March
2024 **Income ** Expenditure Transfers 2025
£ £ £ £ £
Core 30,384 20,879 - - 51,263
Older people services 182,774 192,520 (289,371) - 85,923
Children & Families 37,090 58,507 (66,934) - 28,663
Outdoor Activities - 1,000 (1,000) - -
Adult Groups - 20,380 (7,440) - 12,940
Befriending 15,337 47,343 (27,189) - 35,491
_____
_____		 _____ ______ _____ _____
265,585 340,629 (391,934) - 214,280

Older people services

This relates to funds raised for targeted services and activities for isolated and vulnerable older people.

Children and Family services

This relates to funds raised for programmes of free activities for children and whole family support.

Outdoor Activities

This relates to funds raised for volunteer befriending through sport and activity for all age adults.

Adult Groups

This relates to funds raised for a community offer of creative, learning and wellbeing classes.

Befriending

This relates to funds raised for volunteer befriending service for frail or vulnerable older people.

37

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14A RESTRICTED FUNDS BREAKDOWN – PRIOR YEAR RESTRICTED FUNDS BREAKDOWN – PRIOR YEAR RESTATED
Balance at Balance at Balance at
1 April 1 April 31 March
2023 Income Expenditure 2024
£ £ £ £
Old Mortuary Renovation 104,480 - (104,480) -
Core - 30,384 - 30,384
Older people services 81,121 279,804 (178,151) 182,774
Children and family services 21,888 117,083 (101,881) 37,090
Outdoor Activities - 27,917 (27,917) -
Adult Groups - 14,274 (14,274) -
Befriending 7,036 49,662 (41,361) 15,337
______ _____ ____ ______
Balance carried forward 214,525 519,124 (468,064) 265,585
15. ANALYSIS OF NET ASSETS BETWEEN FUNDS – CURRENT YEAR
Unrestricted Restricted Total
funds funds funds
2025 2025 2025
£ £ £
Tangible fixed assets 104,763 - 104,763
Current assets 96,812 128,357 225,169
Creditors due within one year (27,911) - (27,911)
Provisions for liabilities 8 - 8
173,672 128,357 302,029
15A. ANALYSIS OF NET ASSETS BETWEEN FUNDS – PRIOR YEAR ANALYSIS OF NET ASSETS BETWEEN FUNDS – PRIOR YEAR
RESTATED
Unrestricted Restricted Total
funds funds funds
2024 2024 2024
£ £ £
Tangible fixed assets 123,776 - 123,776
Current assets 148,520 119,038 267,558
Creditors due within one year (186,850) 146,548 (40,302)
Provisions for liabilities (420) - (420)
85,026 265,586 350,612

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £19,273 (2024: £24,446).

17. OPERATING LEASE COMMITMENTS

At the 31 March 2025 the total of the Charity’s future minimum lease payments under non-

Land and buildings
2025 2024
£ £
Amounts payable
Within one year 11,250 11,250
Between one and five years 25,151 36,401
After more than 5 years -
____		 -
____

The lease charges in 2025 was £11,248 (2024: £11,438).

18. RELATED PARTY TRANSACTION

the year ending 31 March 2024.

19. CONTROLLING PARTY

There was no controlling party in the year under review.

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Docusign Envelope ID: 2DB18824-E0B0-4A66-B32A-64F240187C3D

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

20. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING

OPERATING
RESTATED
2025 2024
£ £
Net expenditure for the year (as per Statement of Financial
Activities) (48,582) 37,667
Adjustment for:
Depreciation charges 26,329 25,599
(Losses) on investments - 140
Dividends, interest and rents from investments - (1,564)
Losses on disposal of fixed assets - -
(Increase)/decrease in debtors (28,627) 3,888
Decrease in creditors (12,392) (83,697)
Defined benefit scheme finance cost adjustment (428) (479)
______ _____
Balance carried forward (63,700) (18,446)
21. ANALYSIS OF CASH AND CASH EQUIVALENTS
2025 2024
£ £
Cash in hand 140,213 211,229

22. PRIOR YEAR ADJUSTMENTS

received in 2024 which were incorrectly deferred at 31 March 2024 as the criteria to recognise income has been met at that date.

income has been met at that date.
Unrestricted Restricted Total
£ £ £
Funds as previously reported at 31st March 2024 85,026 119,038 204,064
Income omitted in 2024 - 146,547 146,547
______ ______ _____
Funds restated at 31st March 2024 85,026 265,585 350,611
£
Creditors as previously reported at 31st March 2024 (186,850)
Income omitted in 2024 146,547
_____
Creditors restated at 31st March 2024 (40,303)

40